Sunday, April 15, 2018

Kennady Diamonds Inc. recently announced the start of a summer drilling program at the Kennady North diamond project located in the Northwest Territories of Canada, Rapaport reports. The company plans to drill wells with a total length of at least 5,000 meters to delineate Kelvin kimberlites and Faraday kimberlites. In addition, Kennady Diamonds expects the completion of exploration drilling on MZ and Doyle kimberlites and four new exploration sites.
Drilling in the Kelvin kimberlite is carried out using two drilling rigs.
Patrick Evans, CEO of Kennady Diamonds, said: "The Kelvin system is over 1 km to the southwest of the main Kelvin tube. Previous drilling operations revealed the intersection of kimberlite rocks at a distance of several meters to more than 20 meters from the surface. If the new drilling program is successful and the dike system is confirmed at depth, there is a possibility of a significant increase in the estimated reserves. "
In the meantime, during the 1 st and 2 nd quarters an analysis of a small batch of gross samples with a volume of 25 tonnes of rocks was completed, the results of which will be announced in the 4th quarter.

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